Greece’s insurance market posted solid growth in 2025, with total premiums reaching €6.01 billion, up 5.6% from 2024, according to the Hellenic Association of Insurance Companies (EAEE) monthly survey covering 46 firms.
The report, based on insurer declarations, shows broad-based expansion: life insurance rose 2.7% to €2.81 billion, while non-life, the faster-growing segment, climbed 8.3% to €3.20 billion. Premiums reflect direct primary business, excluding reinsurance.
Non-life leads: Vehicles, fire, and guarantees shine
Non-life growth was fueled by key lines, as follows: vehicle liability: €856 million (+6.7%), accidents: €59 million (+15.3%), health: €553 million (+6.9%), land vehicles: €373 million (+11.0%), fire & natural perils: €498 million (+12.4%), marine liability: €10 million (+12.2%), general liability: €183 million (+5.3%), and guarantees: €34 million (+49.1%).
Life growth steady, annual average +5.6%
Over the full year (Jan-Dec 2025 vs 2024), the market averaged +5.6% growth, with non-life outpacing at +8.3% and life at +2.7%. The performance reflects steady demand amid economic recovery, inflation pressures on liability lines, and rising interest in health and guarantees.
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